Kimberly-Clark Announces 8.9 Percent Dividend Increase
Company Increases Dividend For 34th Consecutive Year
DALLAS, Feb. 22, 2006 - Kimberly-Clark Corporation (NYSE: KMB) today said its board of directors has approved a dividend increase of 8.9 percent. This will bring
the quarterly dividend to 49 cents per share, up from 45 cents per share in 2005.
The board of directors declared the dividend payable on April 4, 2006, to stockholders of record on March 10, 2006. This is the 34th consecutive year Kimberly-Clark has raised its dividend.
“Today’s announcement reflects K-C’s solid balance sheet and confidence in our continuing ability to generate strong cash flow,” said Thomas J. Falk, chairman and chief executive officer. “This increase is in line with our long-term business plan objectives and keeps us in the top-tier of consumer products companies in terms of dividend payout.”
Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 150 countries. Every day, 1.3 billion people - nearly a quarter of the world’s population - trust K-C brands and the solutions they provide to enhance their health, hygiene and well being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly-Clark holds the No. 1 or No. 2 share position in more than 80 countries. To keep up with the latest K-C news and to learn more about the company’s 134-year history of innovation, visit www.kimberly-clark.com.
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